720 NE 62nd St, #202, Miami, FL, 33138 | $4,400

Luxurious furnished 1 bedroom + den condo in IOS on the Bay, a prestigious waterfront boutique building in Miami's Upper Eastside. This unit features a spacious waterfront patio with captivating bay views. Open layout with high ceilings, abundant natural light, and a modern kitchen with stainless steel appliances and granite countertops. The luxurious bathroom offers an oversized, glass-walled rain shower. Den has a full size Murphy bed, office space, full size washer/ dryer in the unit. Includes one parking space with an electric vehicle charger. Amenities, including a bay-view pool, exercise room, and on-site manager. Easy access to the MiMo District, Miami Beach, Design District, and major roads. Experience luxury, convenience, and stunning views in this waterfront condo. Pet friendly.

Features

  • Type: Condominium
  • Amenities: Elevator(s),Fitness Center,Management,Pool
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Year Built: 2008
  • Garage: 1-car Covered,Electric Vehicle Charging Station(s),Guest,One Space,On Street
  • Cooling: Central Air,Ceiling Fan(s)
  • Approx Sq. Feet: 989
  • View: Bay,Water
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Size Limit,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Ice Maker,Microwave,Washer
  • MLS#: A11617262
  • Days on Market: 84 days
  • Website: https://www.raveis.com
    /prop/A11617262/720ne62ndst_miami_fl?source=qrflyer
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Listing courtesy of One Sotheby's Int'l Realty   Phone: 954-522-2831

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

720 NE 62nd St, #202, Miami, FL, 33138

$4,400

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $3,520 $3,520 $3,520
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $24 $23 $30
Total Monthly Payment $99 $98 $105

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.